Monday 8 April 2024

Nigeria bars lenders from using FX-denominated collateral for naira loans - Reuters

... foreign currency collateral. It told lenders to wind down all loans currently secured with dollar-denominated collateral within 90 days or face ...

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Rationalisation of Authorised Dealer Framework: Authorised Dealer Licences - Lexology

The RBI proposes to expand the eligibility criteria to include all banks, Forex Correspondents and existing AD Cat – III entities. Under t...